Economist Robert Murphy returns to the show to answer listener questions. Check out Bob's book The Politically Incorrect Guide to the Great Depression and the New Deal. See also the Friedman/Murphy debate.

Michael Huemer, a professor of philosophy at the University of Colorado at Boulder and author of The Problem of Political Authority: An Examination of the Right to Coerce and the Duty to Obey, explains the fallacies of the Hobbesian argument for government and discusses the problems of democracy.

Tom discusses the life of Murray Rothbard with Lew Rockwell, founder and chairman of the Mises Institute and publisher of LewRockwell.com.Check out Lew's guide "Read Rothbard" and his latest book, Against the State: An Anarcho-Capitalist Manifesto.

Chris Guillebeau, author of The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future, gives practical advice, not empty platitudes, about working for yourself and becoming successful.